4543 South Saint Lawrence AvenueChicago, IL 60653Price: $350,000

  • Price: $350,000
  • 41 Days on Market
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Federal 30-year interest rate: 7.29% last updated on Nov 22, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1891Year Built

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Massive opportunity to own a rarely available, 6-unit greystone in Booming Bronzeville. Building likely needs a full gut so bring your architect and creativity. Here's the current layout: (3) studio apartments, (2) 2 bed/1 bath apartments and (1) 1 bed/1 bath apartment. Maximize the value by reconfiguring it as a 3-unit with (2) 2/3 bed/2 bath units and (1) 4 bed/3 bath duplex down and converting to condos to sell individually OR you can rehab and flip the entire building OR you can convert to a single family home OR hold as a 6 or 3-unit excellent performing rental. Possibilities are limitless. Huge potential here. New construction being built on the blocks directly north and south and building is superbly situated on a block with newer construction single family homes and condo buildings. New (2021) hot water heater. New (2021) boiler. Newer (2013) roof. As-is Sale. Estate Sale. New/Newer construction 3 flats are selling from $890,000-$1,100,000. 3 bedroom/2 bathroom condos are selling for $300,000 and up. Single family homes are selling for $800,000 and up. If you choose to buy and hold, 2 bed/2 baths are renting in the area for $2,300/month and up. Potential here is priceless.

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Listed by Sharial Howard of @properties

Based on information submitted to MRED  as of November 29, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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